Post
Topic
Board Economics
Re: Is Bitcoin Money or Currency
by
Jakesy
on 08/04/2015, 13:59:37 UTC
Money is unreal, meaning imaginary, intangible - a concept.

Currency is NOT money, but merely represents money.

So, bitcoin is... ?

They answered it below, both.

It's not tangible - it's a concept.  However, we can assign it to individual addresses to spend it like currency.

Bitcoin is truly a first in human history, where we put theory to action.